In recent years, the luxury e-commerce sector has been experiencing challenging times. Major players such as Matchesfashion, Farfetch, Net-A-Porter, and MyTheresa, once leading the digital transformation in high-end fashion retail, are now facing numerous obstacles. This article delves into the
On July 10, 2024, Bassett Furniture Industries uncovered a significant unauthorized breach within its information technology (IT) systems, initiating swift and robust responses to contain the threat. Bassett immediately shut down affected systems, activated their incident response plan, and began a
In a significant development, Adelaide Central Market has announced the availability of new tenancies as part of its ambitious expansion project, marking a historic moment for one of Australia's most iconic markets. Annually attracting over eight million visitors, the market is now poised to
The recent liquidity crisis sparked by delayed payments from Singapore-based e-commerce platform Qoo10 to its affiliates, TMON and WeMakePrice, has caused a seismic disruption in South Korea's retail and travel sectors. This crisis has not only undermined consumer confidence but has also led to a
The grocery retail sector in Saudi Arabia is undergoing a dynamic transformation driven by numerous strategic developments. Prompted by a recent report from consultancy firm Oliver Wyman, the industry's evolution highlights several key trends that are poised to shape its future. This article delves
The global fight against food waste has taken a significant leap forward with Too Good To Go's recent achievement of saving 40 million Surprise Bags from being discarded since its UK inception. This milestone is not just a triumph for the company but also a beacon of hope in addressing one of the
